Sterling, Virginia-based JK Moving Services recently increased its annual guaranteed income for experienced over-the-road Class-A drivers to a minimum of $100,000, the company said Tuesday.
The company said the move will allow it to keep up with a labor market that has been affected by the boom in online shopping and pandemic restrictions.
JK Moving Services has about 262 drivers, according to the Federal Motor Carrier Safety Administration's SAFER website.
The Virginia-based carrier is the latest company to increase driver pay. The booming freight market has created an increased demand for truck drivers, leading many companies to increase driver pay to attract new drivers and hold onto the ones they already have. The New York Post yesterday wrote about how the lack of drivers was forcing some members of the food industry to increase both driver pay and the prices of the goods they sell.
JK is not alone in boosting driver pay. Here's a recap of many of the companies that have raised driver pay.